Global shipments of computer and TV flat panels are expected to slide this month after expanding 17.1 percent sequentially last month as restocking for China’s Labor Day shopping spree ends, a Taipei-based researcher said.
Overall shipments of flat panels used in PCs and TVs expanded to 68.6 million units last month, with TV panel shipments rising 23.6 percent, said WitsView, the LCD research arm of TrendForce Corp (集邦科技).
“There will be a brief correction in April after [restocking] for Labor Day [shopping] demand ends,” WitsView analyst Chen Jian-an (陳建安) said in a report released yesterday.
TV panel shipments would shrink 5 percent or 6 percent this month from last month’s 20.52 million units, he said.
Taiwan’s two largest flat-panel makers — Innolux Corp (群創光電) and AU Optronics Corp (友達光電) — were the biggest beneficiaries of strong Chinese demand, with TV panel shipments spiking 35 percent and 30 percent respectively last month from February, WitsView said.
“AU Optronics also won big orders from Samsung and Sony” in addition to Chinese TV makers, Chen said.
Innolux and AU Optronics were the biggest TV panel suppliers to China’s top TV brands last year, with market shares of 27 percent and 19.2 percent respectively, WitsView said.
The report also showed that shipments of monitor panels soared 18.6 percent to 14.26 million units last month from February’s 12.03 million units, following the launch of Apple’s new iMac PCs, while those of notebook computer panels increased 16.4 percent to 15.81 million units, weaker than WitsView’s forecast of 21 percent growth.
Shipments of flat panels used in tablets rose 9.8 percent month-on-month to 18 million units, led by the demand for 7-inch and 8-inch screens, the researcher said.
However, the growth momentum for flat panels for monitors, notebook computers and tablets would decline this month, WitsView said.
Shipments of tablet panels are expected to fall by 15 percent this month, as Apple Inc is still digesting excess inventory of 7.9-inch screens, it said.
Shipments of monitor panels and notebook panels are forecast to drop by 7 percent and 10 percent respectively this month, it added.
South Korea’s LG Display Co could see lower shipments of panels for notebook computers and tablets because of a short supply of backlight, a key component, after a fire broke out at a Chinese plant recently, WitsView said.
Shares of Innolux and AU Optronics yesterday rose 3.5 percent and 0.39 percent to NT$17.75 and NT$12.9 respectively.